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Conifex reports Q1 2026 loss of $9.4M amid lower lumber production and ongoing US trade duties.

Company Fundamentals
15 May 2026
GlobeNewsWire
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Bearish
pluang ai news

Conifex Timber Inc. reported a net loss of $9.4 million in Q1 2026, improving from a $11.4 million loss in the previous quarter but down from a $0.6 million profit in Q1 2025. Lumber production dropped 22% from the prior quarter due to fewer operating days, with shipments and revenues also declining. The company faces challenges from US anti-dumping and countervailing duties, impacting costs and cash flow. Conifex plans a temporary sawmill curtailment in May to manage inventory and preserve liquidity, while monitoring trade reviews and market conditions amid ongoing uncertainty.

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Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

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ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

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Western Star grants 2M stock options at $0.30, boosting incentives for growth in tungsten mining.

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Ecopetrol to release Q2 2026 financial results on August 3 with a follow-up virtual conference.

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Bitcoin whales aren't selling due to quantum computing fears, but some institutional buyers are cautious.

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